Unknown Great Money Saving Tips

" Lot of people think when they turn off an electrical appliance that it doesn’t use any power."

Time to think again!!!

Why do we need financial literacy ?

Financial literacy is the process by which investors improve their understanding of financial markets, products, concepts and risks. Through information and objective advice, they develop the skills and confidence to become more aware of financial risks and opportunities and make informed choices to improve their financial position.
Financial education primarily relates to personal finance, which enables individuals to take effective action to improve overall well-being and avoid distress in financial matters.
Financial literacy goes beyond the provision of financial information and advice. It is the ability to know, monitor, and effectively use financial resources to enhance the well-being and economic security of oneself, one’s family, and one’s business.

Before Investing Know All About Provident Fund

Provident Fund benefits

Purpose: To provide a lump sum amount to the employee at the time of retirement or permanent disability.

•       The contribution which shall be paid by the employer to the Fund shall be 12% of the basic wages and dearness allowance.

•       The employee’s contribution shall be equal to the contribution payable by the employer in respect of him and may, if any employee so desires, be an amount exceeding 12% of his basic wages and  dearness allowance

•       The employer shall not be under an obligation to pay any contribution over and above his contribution payable.  

Dos and Don't of Investment

ISSUE OF SECURITIES

DOS
Read the Prospectus/ Abridged Prospectus and carefully note:

1. Risk factors pertaining to the issue.
2. Outstanding litigations and defaults, if any.
3. Financials of the issuer.
4. Object of the issue.
5. Company history.
6. Background of promoters.
7. Instructions before making application.

Learn Accounts : e - Study Material of Accounts

Following e- Study Material is available for Sale   (Soft Form) to learn Accounts:-

Please send your e mail to  casatbirgill@gmail.com for the study material to learn accounts.

1. Accounting -An Introduction
2. Accounting Concepts
3. Accounting Conventions and Standards

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Tax benefits of investing in mutual funds

Under the equity/debt mutual funds, you invest a fixed sum of money in a scheme either every month or quarter. When you’re investing in a particular mutual fund, the first thing you need to do to assess its returns is to know how it will be taxed. It is the post tax returns that will matter.

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Success Quotes

"How you play the game" is for college boys. When you're playing for money, winning is the only thing that counts.
— Leo Durocher

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How to Evaluate Corporate Finance Project

Before Investing in the Company or before evaluating a Financial Project one must do his home Work

Here are the certain questions for which answer must be sought before putting your valuable asset i.e money into any New/ existing brown field project.

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Techniques of Financial Statement Analysis

Business

It is an interrelated system of financial resources movement that is activated by the management decisions.

Management                                                          

It is the art of asking significance questions. The process management is a series of economic choices that activates movement of financial resources connected with business.

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Franchising

Franchising

 A marketing system revolving around a two-party agreement, whereby the franchisee conducts business according to the terms specified by the franchisor 

 Franchisee

   An entrepreneur whose power is limited by a contractual agreement with a franchisor

Franchisor

The party in the franchise contract that specifies the methods to be followed and the terms to be met by the other party 

The 20 Fastest-Growing Franchises in 2003

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